Common use of No Right of Continued Service Clause in Contracts

No Right of Continued Service. Nothing in this Agreement or in the Plan shall confer upon the Director any right to continue as a director of the Company or shall interfere with or restrict in any way the rights of the Company, which are hereby expressly reserved, to terminate the service of the Director at any time for any reason whatsoever, with or without cause.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Marinus Pharmaceuticals Inc), Nonqualified Stock Option Agreement (Celator Pharmaceuticals Inc), Nonqualified Stock Option Agreement (Celator Pharmaceuticals Inc)

AutoNDA by SimpleDocs

No Right of Continued Service. Nothing in this Agreement or in the Plan shall confer upon be deemed to give the Director any right to continue as a director member of the Board or to interfere in any way with the right of the Company or shall interfere with or restrict in any way the rights of the Company, which are hereby expressly reserved, to terminate the Director’s service of on the Director Board at any time for any reason whatsoever, with or without causetime.

Appears in 1 contract

Samples: Director Deferred Cash Award (Omnicare Inc)

AutoNDA by SimpleDocs

No Right of Continued Service. Nothing in this Agreement or in the Plan shall confer upon the Director Optionee any right to continue as a director of the Company Company, as the case may be, or shall interfere with or restrict in any way the rights of the Company, which are hereby expressly reserved, to terminate the service of the Director Optionee at any time for any reason whatsoever, with or without cause.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Inovio Pharmaceuticals, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.